Hormuz was yesterday's problem.
Today's problem which was entirely predictable to anybody with a map and half a brain is Bab El Mendab now being heavily disrupted by the Houthis etc.
It was always a case of when, not if.
Which now means the old ~20 day alternative-route transits via Bab are now ~50 days becuase you have to go via Suez and Cape of Good Hope.
This is exactly why all the other US presidents said no. It was a Pandora's box that was not worth the risk poking with a sharp stick.
Against GP point though: the Houthis probably won't attack non-saudi, non-israeli vessels anytime soon, so it shouldn't change the route so much.
Fair point. But one word .... Insurance.
Houthi attacked non-Israeli ships as well. So it does change the route or at least make it riskier and before opening the "pandora's box".